NOT LISTED FOR SALE

Estimated Value: $461,822

4 Beds
-- Bath
1,725 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $455,000 $264 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,656/month

8 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of March 2022

Are you a house hacker? Where you live in one half and rent the other, or would you just like to have an amazing turnkey investment?! Both opportunities exist in this Mesa duplex.
Walk into a completely updated 2 bedroom, one bath property. Each side has a full yard, but the back side's yard is much larger and feels like a single family home. There is a shed on the property for maintenance or tools.
Each tenant has their own laundry room with storage under the covered parking. Each tenant is responsible for all their utilities.
*No viewing until accepted contract. All facts and figures are approximate and must be verified by buyer

Last Listed By

Carla Magee

My Home Group Real Estate License #SA685362000 Listed on: 02/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1984

Lot Details

  • 7,362

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 196
  • Assessor Parcel Number 140-15-209

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7,345 sqft
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $7,274
  • Gross Income $32,010
  • Net Operating Income $25,726

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$974

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: University Dr and Greenfield Rd
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: r-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2021
  • Directions: East on E University Dr, North on N Quinn, East on E Camino St. Property will be on the left.
  • Road Surface Type: Concrete
  • Professional Management Expense: 2600.0
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 7,345 sqft
  • Additional Parcels: No
  • Parcel #: 140-15-209

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 32010.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 25726.0
  • Annual Operating Expense: 7274.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 974.0
  • Tax Book Number: 140.00
  • Tax Lot: 196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 20, 2022
Sold by
Mary Givens
Bought by
Bassett Properties Llc
Seller's Agent
Carla Magee
My Home Group Real Estate
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Total Days on Market
8
Current Estimated Value
$461,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,822
Avg. Annual Appreciation
0.47%
Original Mortgage
$364,000
Outstanding Balance
$344,494
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$117,328

Purchase Details

Listed on
Oct 19, 2020
Closed on
Oct 30, 2020
Sold by
Huff Cynthia L and Huff Cynthia L
Bought by
Givens Mary
Seller's Agent
Kerry McCarthy
My Home Group Real Estate
Buyer's Agent
Carla Magee
My Home Group Real Estate
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.78%
Original Mortgage
$324,022
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2017
Sold by
Huff Cynthia
Bought by
Huff Cynthia L and Cynthia L Huff Revocable Living Trust

Purchase Details

Closed on
Nov 3, 1999
Sold by
Heskett Betty S
Bought by
Heskett Betty S and Betty S Heskett Trust

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bassett Properties Llc $455,000 New Title Company Name
Givens Mary $330,000 First American Title Ins Co
Huff Cynthia L -- None Available
Heskett Betty S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Properties Llc $364,000
Previous Owner Givens Mary $324,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $455,000 +1.1% $264 / Sq Ft
02/15/2022 02/15/22 For Sale $450,000 +36.4% $261 / Sq Ft
12/15/2020 12/15/20 Sold $330,000 0.0% $191 / Sq Ft
12/08/2020 12/08/20 Price Changed $330,000 -5.7% $191 / Sq Ft
10/19/2020 10/19/20 For Sale $350,000 -- $203 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,135 $11,213 -- --
2024 $1,144 $10,679 -- --
2023 $1,144 $29,800 $5,960 $23,840
2022 $1,121 $22,880 $4,570 $18,310
2021 $974 $18,960 $3,790 $15,170
2020 $961 $17,300 $3,460 $13,840
2019 $892 $13,880 $2,770 $11,110
2018 $850 $13,480 $2,690 $10,790
2017 $824 $11,270 $2,250 $9,020
2016 $805 $10,530 $2,100 $8,430
2015 $762 $9,110 $1,820 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6358078

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-209